If you have a home for sale and no one is taking a look at it, that could mean a lot of things. Before you call your real estate agent in panic, research about the possible causes first. Sometimes, it is not your home that is the problem.
The real estate industry is displaying an amazing recovery in recent years. The low-interest rates are making it more affordable for home buyers. The recent problem on the fiscal cliff had been avoided because of the one-year extension provided by the government.You can also get Arlington Listing Report via Metro Homes Group.
One of the reasons why buyers are hesitant is their fear of foreclosure. Even if there are short sales, the prospect of losing a home discourages them immediately. Even if they have a constant income, they will be hesitating to buy a home for fear of the unstable future. At the very least, they are postponing their buying plans.
Yet another reason why your home for sale is still in the market is the buyers are waiting for the bottom prices. This is slightly related to the previous fear of foreclosure. Current median sale prices are a bit high and it is, after all, still a seller's market.
There are also buyers who deliberately wait for homes to get old in the market. If your home stays on the market long enough, you will be forced to lower the price of your home. Prices can be very tricky to figure out and you will probably need the expertise of your real estate agent. There are several factors in fixing the right price for your home for sale.